Cutwel is please to announce that they have reduced prices on the 1st of May by an average of 11% on their range of cutting tools, workholding, toolholding and measuring tools.
General Manager, Adam Gillard said ‘due to the strength in the British Pound, we wanted to give something back to manufacturers to ease the pain of exporting to the Eurozone. Whilst we have absorbed supplier price increase, we felt it only right that we reduce our prices to end users as the majority of the goods we buy are from within Europe and are now considerably cheaper for us to buy due to the collapse of the euro than 12 months ago. It would have been easy to sit back and reap the rewards in extra profits but we took the decision to pass these savings on to our customers so they can feel the benefit instead and do our bit for British manufacturing’.
The new prices are valid from May the 1st and feature in the new Cutwel Master catalogue.
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Cutwel Ltd is registered in England and Wales No. 3202912. VAT No. 664 9356 93